Market Chatter: EcoPro to Push KRW 2 Trillion into Pohang Blue Valley National Industrial Complex Over Five Years

MT Newswires Live07-05

South Korean battery materials firm EcoPro (KOSDAQ:086520) plans to invest a total of 2 trillion won in the Pohang Blue Valley national industrial complex over five years, Pulse News reported Thursday.

The industrial complex will include new technologies that are both eco-friendly and enhance productivity. EcoPro also plans to apply these advancements to its production facilities in Canada and Hungary, the report said.

Shares of Ecopro rose more than 1% at market close.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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